The DailyTradr is for informational and educational purposes only. Nothing in this newsletter is financial advice, trading advice, or a recommendation to buy or sell any asset. Always do your own research and consult a professional before making financial decisions.

Jump to Section

Announcements

None this week

Last Week in Crypto

  • BTC dropped below $95,000 amid a broader risk-off sentiment and tech sell-off, marking its worst week since March with nearly a 9% decline.

  • Spot Bitcoin ETFs saw $870 million in withdrawals

  • The first U.S. XRP ETF debuted on Nasdaq with $58 million in first-day trading volume, topping all 2025 ETF launches and outperforming Solana's ETF debut

  • US authorities introduced rules for Stablecoins

Opinion: Another wild week in the crypto space seeing a significant sell off. Sentiment and panic have reached really high levels and a lot of people that were optimistic last week are probably not anymore. It’s too early to say the bleeding has stopped but seeing all the liquidations, fear/greed, and aggressive amount of selling we should probably see a relief bounce soon. At this point a week of chop would even be welcome.

Fear & Greed Index: 18 out of 100. First time since the April sell off have we seen fear this high. We are now in the red/extreme fear conditions which historically has offered places where buying can actually work out.

Bitcoin

Another 11% sell off from last week. This now has become the 6th week in a row where a Sunday pump has led to a sell off on Tuesday that leads to more sell pressure. The aggressive sell off here led to another big round of liquidations and bulls are hoping that this support can hold to offer some relief. It is nice that it’s actually red on a Sunday which might mean we actually pump during the week for a change.

  • Dropped 11% since last week

  • Bulls have a chance to hold support and treat that as a dip in a bullish uptrend

  • PREDICTION: We held and tested sub $100k. I’m still giving it a hold rating for this reason. That was about as bearish as I could muster up and really hope this holds so I don’t have to start looking for lower targets.

  • STATUS: HOLD (Was bearish all week but now once again at a level that seems too late to sell). If this breaks then it’s bearish again until the next support.

Click on image to make bigger

Ethereum

Bear continue to push it lower breaking support after support. Price going from $4k to $3k in a couple of weeks. Once again on a Sunday we sit at another level where support is possible but if can’t hold then there’s a chance at seeing sub $3k prices.

  • Down 13% from last week

  • PREDICTION: Still waiting to see where it wants to find support. Each Sunday has been misleading because of the pumps so now that this is the first one where it’s actually red and looks bad we might actually have a bullish week.

  • STATUS: HOLD (Bearish once support broke, but now at a new floor back to HOLD)

Click on image to make bigger

Total Crypto Market Cap

  • Lost 330 billion in crypto this week at the low point

  • Another game of watching and waiting to see where the bleeding will stop and where buyers will decide where to show up.

  • Have to assume it’s closer to an area of bouncing, maybe one more lower support to go to really flush the last bit of sellers out

Click on image to make bigger

Altcoins

Still seeing some coins like $ZEC find a way to push up and hold strength. I think most thought $XRP would push up higher with the ETF but again just a brutal week for it to happen and for the conditions we are in.

Able to get lucky with the $UNI play from last Sunday which saw a nice pump that hit the target before pulling back.

TOTAL 2 (All crypto excluding Bitcoin)

Click on image to make bigger

Altcoin Trade of the Week

No new trades this week. Able to time the $UNI pump well and reached out 34% target.

Closed Trades

$UNI - Closed at 34%

$ROSE - Stopped out at -20%

$CRV - Stopped out at -23%

🚀 On-chain Projects to watch

TRACKING WITH GURU

Minus $GURU actually up on the week, another slow week for on-chain microcaps. The only good news is that they’ve been so slow already that some didn’t even sell off that much compared to some other assets.

Current Watchlist 5

$COR, $BERRY, $PAPPLE, $PROOF and $GURU

This Week in Stocks

Week started off strong but selling picked up towards the end of the week. The DOW had it’s worst week since March, and although the government shutdown ended on November 13th that didn’t help momentum. The chances of a December rate cut have gone down and ongoing tariff concerns seemed to add fuel to the panic and uncertainty.

Opinion: The market has done so well since the April lows you have to assume some weeks like this were long overdue. A lot of growth stocks still trading at high valuations and some might be finally taking profit or rotating to undervalued or more defensive stocks.

S&P 500

  • First time we’ve seen a candle close below the trendline which started in May

  • Was hoping to see us hold and bounce but now it’s getting into more bearish conditions

  • If we can reclaim the channel then I’ll pivot back to being in hold mode

  • STATUS: BEARISH (First candle close below the channel)

Click on image to make bigger

What’s Happening Next Week

This will be a pivotal week to see if AI momentum can continue with a lot of eyes on $NVDA earnings. We also have some Unemployment numbers and job data coming out Thursday as well as some housing data. The market will be looking for any sort of data that suggests a fed rate cut is still coming in December.

  • $NVDA earnings (Wednesday, November 19th)

  • US unemployment rate, Existing home sales (Thursday, November 20th)

🔥 Stocks to trade

No new stocks this week

These are stocks that I’m trading. I will be sharing where I enter and where I close.

OPEN TRADES

$CROX - Currently down 8%, high of 7%

$FLNC - Currently down 10%, high of 10%

$SABR - Currently down 10%, high of 3%

CLOSED TRADES

$CAN- Closed at 111%

$DRD - Closed at 62%

$ROOT - Closed at -4.5%

$NGVC - Closed at -6.1%

$TGT - Closed at -12%

Right at the cut line, will see if we can hold this line during the week or cut it and look to wait for the market to show more strength again.

$FLNC ( ▲ 2.15% ) (Fluence Energy)

Was showing strong momentum before the bad week in stocks. Still like it as energy should still be an important sector.

$CROX ( ▲ 0.12% ) (Crocs) - Still holding. This is probably the week where if it closes below the line I will cut for a loss.

Click image to make larger

🏆 DailyTradr Show

Our host @Jazzplane gives some commentary and market thoughts on the week after the brutal sell off in crypto.

All charts were created using TradingView

The DailyTradr

Follow @dailytradr on X (Twitter) to give feedback, suggest content or creators you’d like to see featured, and to keep up to date.

Keep Reading